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‘Explosion’ in election gambling will harm public interest: CFTC

[Sep 16 3:14 AM] The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”

Judge says CFTC exceeded its authority halting Kalshi election bets

[Sep 12 2:43 PM] According to Judge Jia Cobb, having Kalshi offer contracts on “whether a chamber of Congress will be controlled by a specific party in a given term” was not unlawful.

Judge issues temporary stay in Kalshi v. CFTC election betting case

[Sep 9 8:08 PM] Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections.

Bloomberg adding Polymarket election data to Terminal

[Aug 29 5:51 PM] The move signals the crypto betting market’s growing importance. 

36% Chance for Durov’s Freedom in August: Polymarket’s High-Stakes Bet on Telegram Founder’s Fate

[Aug 26 5:30 PM] According to the blockchain-powered prediction market Polymarket, bettors are giving Telegram founder Pavel Durov a 36% chance of being released this month. Durov was taken into custody by French judicial police at Le Bourget airport in France…

Pandemic Fears Ignite as Mpox Outbreak Leads to High-Stakes Betting on Polymarket

[Aug 17 1:05 PM] Recently, Dr. Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), officially declared that the Mpox outbreak, commonly known as monkeypox, is now a public health emergency of international concern. Following…

Memecoin casino: $100 bet on Pump.fun has worse odds than roulette

[Aug 14 1:01 PM] Traders are disillusioned with the ultra slim chances of picking a memecoin winner.

Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket

[Aug 8 1:00 PM] A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events.

Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more

[Aug 2 9:00 PM] This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm.

Arbitrum-based DuelNow receives $11M funding as Web3 betting heats up

[Aug 1 4:54 PM] DuelNow is the latest in a string of Web3 gambling venture deals amid surging activity on Polymarket.

Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom

[Aug 1 1:00 PM] MetaDAO, a Solana experiment in governance by "futarchy," raised a total of $2.2 million to fund operations.

Trump election bets boost Polymarket volumes to record $116M in July

[Jul 16 9:41 PM] A massive surge in US Presidential election bettors has already brought Polymarket record-breaking volumes just two weeks into July.

Crypto Bettors Lay 17% Odds on Donald Trump in Jail Before Election Day

[May 31 5:38 AM] Gamblers have placed almost $900,000 in bets on the “Trump in jail before election day?” market on the predictions application Polymarket.

MOON Holder Makes 550% on Predictions Platform Polymarket as Bitcoin Moves Above $50K

[Feb 13 4:51 AM] The trader had bought the Yes side shares of the now-expired Polymarket-based betting contract "Will BTC hit $50,000 in February?"

'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval

[Jan 4 2:52 AM] The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.

Rollbit Recorded $38M in September Betting Revenues, RLB Token Climbs

[Oct 3, 2023 3:52 AM] Over 1.2% of the token’s supply was destroyed in line with plans, a co-founder said.

Polymarket Wagers Favor Trump for Nomination; Ramaswamy’s Bid Gains Momentum

[Aug 25, 2023 2:30 PM] Following the initial Republican debate and an exclusive interview between Donald Trump and Tucker Carlson on the social media platform X, wagers on the decentralized prediction marketplace Polymarket suggest Trump is leading, with presidential…

After GOP Debate, Blockchain Bettors See Ramaswamy as Most Formidable Trump Challenger

[Aug 24, 2023 11:46 AM] Betting lines didn’t change much as a result of Wednesday’s debate, but the Bitcoin-friendly entrepreneur has edged out Florida governor Ron Desantis this past week in the GOP’s race for second place.

Somalia bans Telegram and TikTok over misinformation

[Aug 21, 2023 5:17 AM] Somalia has shut down crypto-friendly messaging app Telegram and gambling site 1XBet, while cryptocurrency investments aren’t banned.

CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress

[Jun 16, 2023 4:57 PM] The Commodity Futures Trading Commission will decide on June 26 whether to start a formal 90-day review of prediction market provider KalshiEX’s contract that allows users to bet on which party takes control of the U.S. Congress.

Gaming Studio Bitblox to Build On-Chain Games for $68B Online Gambling Industry

[May 4, 2023 7:00 AM] Bitblox Games will exclusively build crypto games on the Hxro Network, a Solana-based distributed liquidity layer for betting applications.

Former Coinbase CTO makes $2M bet on Bitcoin's performance

[Mar 18, 2023 3:06 PM] Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States.

Spanish rehab center adds crypto trading addiction to services list

[Feb 5, 2023 8:56 PM] The rehabilitation center cited estimates that about 1% of cryptocurrency traders will develop an "extreme" addiction to crypto trading.

Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery

[Jan 6, 2023 5:30 PM] According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum computer. This would be a significant achievement, as RSA encryption is widely used in current security…